12th Dec 2006 07:01
The MedicX Fund Limited12 December 2006 For immediate release 12 December 2006 MedicX Fund Limited ("MedicX Fund", "the Fund" or "the Company") Completion of Acquisition MedicX Fund, the specialist investor in modern purpose built primary healthcareproperties, which on 2 November 2006 listed on the Official List of the LondonStock Exchange, today announces that it has completed, as expected following theannouncement on 29th November 2006, the acquisition of three new primary careproperties from Oakapple Primary Care Group for £9.43 million in cash. Thethree sites in Fleetwood, Bradford and Doncaster which generate £642,285 currentincome per annum in aggregate, have been valued by DTZ Debenham Tie Leung,valuers to the MedicX Fund, at £11.55m, net of 5.75% purchaser costs. End For further information please contact: MedicX Group +44(0) 1252 704 272Keith Maddin, ChairmanMike Adams, Managing Director Buchanan Communications +44 (0) 20 7466 5000Charles Ryland / Lisa Baderoon / Mary-Jane Johnson This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Medicx Fund